In this episode, The Insiders discuss some common home Improvements and debate if they are Upgrades (Add Value) or simply updates or maintenance repairs which don’t add value, but are sometimes necessary for Buyer financing.
Episode 30: Upgrades vs Updates
In this episode, The Insiders discuss some common home Improvements and debate if they are Upgrades (Add Value) or simply updates or maintenance repairs which don’t add value, but are sometimes necessary for Buyer financing.
Highlights:
- Some of the things you want to focus on if you are looking for upgrades to add value to your home:
- New hard wood floors
- New counter tops
- New Cabinets
- New Appliances
- Most of these things revolve around the kitchen but that is because it is typically a central part of the house that families spend a lot of time around.
- Everything else is updates and maintenance issues, and is not going to add any value to the house.
Download: Upgrades vs. Updates